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Price Analysis for the Navigation System

Name Institution Professor Course Date Common traits are the elements that shall be used to analyze the cost classification for pricing of the navigation system. It should be noted that cost that associates with the operations of a company or business can be categorized into numerous components such as behavior nature time and function (Boris and Novak 2014). In order to work on the cost of the navigation system estimates will have to be relied upon as illustrated below: Factors of Cost Technical support cost Base cost $ 990 Amount Cost of training for introductory purposes margin of error for the navigational system in times of production because anything may happen. On the other hand variable and semi-variable cost all tend to lean towards the issuance of the cost depending on external factors that keep on fluctuating ( Wagner 2012). REFERENCES Popesko B & Tuckova Z (2012) Application of Advanced Cost Management Techniques 18th International Business Conference . Wagner J (2012) Recognition and behavior of fixed and behavioral variables International Business Journal Vol 60 No. 5. Novak P Popesko (2014) Cost Variability and Cost Behvaior Economics and Sociology Vol 7 No. 4.
In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.
Write a two to three (2-3) page paper in which you:
Analyze your company’s cost classification for pricing of the navigation system. Defend your cost classification to the US government.
Determine reasonable, allowable, allocable, variable, fixed & semi-variable costs for your company after the initial startup phase is complete.
Predict the method for performing price analysis that the US government will want from your new company and VectorCal. Justify your response.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

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